Miscellaneous

It was bad news all around relative to the restaurant industry economy in the month of July, as both same store sales and traffic both dropped in the height of the summer months and the growth in average ticket slowed to a trickle during the month. SSS fell 2.8 percent during the month, down 1.8…

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Dunkin’ Doings

Dunkin Brands reported on their Q2 earnings yesterday, beating estimates by $.02 EPS but missing on revenue. The stock moved up slightly $XX. DD US same store sales were up .8%, ticket higher/traffic lower. It was also noted that US new store open projections were decreased about 10% for 2017, but also that 2016 new…

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A Tale of Two Wage Studies

There continues to be much debate around the country about the wisdom of increasing minimum wages and how big an increase can be before it becomes detrimental to the local economy and the very workers the increase is supposed to help. Well, two recent studies of the impact on Seattle employees of the Seattle minimum…

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O, My Miscellaneous!

We want to wish the best of luck to the Leyton Orient Football Club of the English Football League and their new owner, Nigel Travis! The Chairman and CEO of Dunkin’ Brands, a self-proclaimed “lifelong” O’s fan, Travis headed up a consortium that just bought the soccer club from Italian businessman Francesco Becchetti. Travis has…

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Dunkin’ Doings

Dunkin’ Brands unveiled disappointing Q1 earnings on its earnings call Thursday as same store sales in Dunkin’ were flat with ticket +3 and transactions -3. Still, they beat estimates by $.06 EPS, and exhibited a solid management tone on the call with the stock closing up 44 cents for the day. Several interesting takeaways include…

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Miscellaneous

We’re not sure if it was increasing minimum wages, weather or March Madness, but restaurant sales were disappointing for the entire 1st quarter of the year. For the 11th time in the past 12 months, sales were negative again for the month of March with same store sales dropping 1.1 percent and traffic down 3.4…

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Miscellaneous

Well, clearly the JAB Holdings acquisition of Panera Bread is some pretty big news, especially in light of the persistent rumors of the past several weeks that JAB was positioning to buy Dunkin’ Brands, but we’ll leave that story to the bigger news outlets. We thought it more prudent to relate the recently released state…

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Northeast Regional Meeting

The DDIFO Northeast Regional Member Meeting will be held next week on Wednesday, March 22, 2017 from 12 Noon to 3:30 PM at the Framingham Hotel and Conference Center in Framingham, Massachusetts.  The program, “A New Direction: The Outlook on Trump, the Market & Dunkin’ Brands”, will feature small business expert, author, columnist and media…

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Miscellaneous

Regrettably, the winter storms in the mid-Atlantic this week interfered with the CFA Lobby Day and Forum, which had been scheduled for March 14 – 15 in Washington DC. The event has been postponed until October of this year. We will get the new information out to you closer to that time. We noted this…

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Miscellaneous

The National Restaurant Association (NRA) 2017 Forecast was published this week and it calls for generally modest real (i.e. transaction) growth in 2017 – 2.5% at limited service and 1.1% at full service restaurants. The restaurant sales growth rate has slowed greatly since the Great Recession, with the US Southeast and West being the highest…

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